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Resistance line breached by ETHEUR. This price has been tested at least twice before.

ETHEUR has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 170.5414 can be expected within the next 12 hours.

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Breach of resistance could mean a start of a bullish trend on USD/JPY

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JPN225 is quickly approaching 23290.0000. We expect either a breakout through this line, or a rebound.

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